Covington has the 735th largest population in the United States. The population grew by 1.2% from 2010 to 2015, which was faster than the national average. Covington is part of the Cincinnati metro area. Unemployment in the Cincinnati area is 4%, which is lower than the national average, and is getting better. Cincinnati has the 29th largest local economy in the US, and a low cost of living. The average pay for jobs in Covington is below average at $47,030, and the median cost of a home in Covington is $98,100, which is below the national average. 19% of workers in Covington hold a bachelors degree or higher (above average), and 81% of workers have a high school degree (above average). Driving to work is especially common in Covington. 84% of Covington workers drive to work alone, 2% take public transit, 8% carpool, and 4% walk. People in Covington spend an average of 22 minutes commuting to work, which is shorter than the national average of 26 minutes.